As the struggle to raise profitability continues, innovations like blockchain could offer investment banks a lifeline. As with many new technologies, it’s generating much excitement. Some analysts have likened its disruptive potential to that of the Internet, with the power to drive dramatic efficiency gains, save $billions and substantially reduce risk.

Our research demonstrates how and where blockchain could cut costs and deliver savings of more than 30% across the middle and back office.

Costly reconciliation processes and systems

Cumbersome trade confirmation processes

Data quality issues that lead to trade breaks

transparency

auditability

Complex regulatory reporting requirements

legal entities

mutualized data

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The blockchain opportunity

Many analysts liken the disruptive potential of blockchain's distributed ledger technology—a new type of database system—to that of the Internet. In addition to reshaping the financial infrastructure as we know it, our research pinpoints where blockchain will have the biggest impact on a bank's bottom line.

Our blockchain research

To conduct the study, we joined forces with McLagan, a business unit of Aon plc, and world-class capital markets benchmarking provider. Mapping data from eight of the world's largest investment banks against our proprietary High Performance Capital Markets model produced compelling results.

The impacts of blockchain on investment banking

The report demonstrates how a blockchain-based database system could reduce costs and:

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